The official blog for singer, writer, director and human rights advocate Aisha and her affiliated web sites.

Friday, July 17, 2015

Is 50 Cent Abusing The Bankruptcy Court After Filing Then Going To The Strip Club Throwing Money At Strippers

50 Cent

Rapper, 50 Cent, real name Curtis Jackson, has been the butt
of many jokes on social networking this week, for previously
making fun of many rappers he referred to as broke, only to file
bankruptcy for himself and his boxing company SMS. The rapper is
not happy with the jokes and sent out a warning that he is
keeping track of people who are making fun of his financial
predicament. However, he did this to other entertainers when
they were having money issues. What goes around comes around.

50 Cent has filed for chapter 11 bankruptcy, which is to
reorganize his debts, provide 6-months of protection from
creditors and to have portions of his debt wiped out via court
order. When one petitions the bankruptcy court, one must be
honest and forthcoming about the state of one's finances. So it
came as no surprise when social networking questioned the fact
50 Cent filed bankruptcy, then days later went to the strip club
throwing money at ho..., uh, I mean strippers. It's not a matter
of how much money he spent at the strip club, but the fact he
filed bankruptcy then did this, disrespects the court. It's the
principle of it. If he's not careful, the bankruptcy trustee is
going to heavily scrutinize his filing and could deny him
protection.

Lastonia Leviston

The main items 50 Cent is trying to dodge are the two
lawsuits he lost in court, after juries sided with the
Plaintiffs in each legal action. In the case Sleek Audio v.
Jackson (50 Cent), he was slapped with a $17,200,000 judgment
for stealing the company's headphones after they were pitched to
him and renamed it SMS Audio. In the case Leviston v. Jackson
(50 Cent), the rapper was ordered to pay, Lastonia Leviston, who
is the mother of Rick Ross' child, $5,000,000 for posting to his
site a private sex tape she made with her boyfriend. Based on
reports, 50 Cent also maliciously added inappropriate comments
to the video.

The whole thing was aimed at hurting Ross. However, Leviston
has a child, who will have to deal with the fact an illegally
released sex tape of his mom is on the internet. Not to mention
the trauma she went through when she realized 50 Cent uploaded
the video to the internet without her consent. 50 Cent deserved
to be slapped with the $5,000,000 judgment, if not for Leviston,
for her child.

Side Bar: When singer, Toni Braxton, filed for
bankruptcy (twice), it was after she legitimately earned her
money, but overspent on the first go around. The second time she
had taken on a big debt load, seeking to pay for it with a very
lucrative residency in Las Vegas, but fell ill. Each time the
bankruptcy court seized some of Braxton's belongings and sold
them to pay her creditors. 50 Cent should not be treated
differently, as he caused other people financial and emotional
injury via unlawful behavior, leading to lawsuits and verdicts
against him.